08:33 AM EDT, 04/09/2024 (MT Newswires) -- Professional services firm WSP Global Inc. ( WSPOF ) entered Tuesday into an agreement to acquire 1A Ingenieros, S.L., a 250-employee Spanish consulting firm operating mainly in the Power & Energy sector. The acquisition is expected to be completed in the second quarter of 2024.

Financial terms were not disclosed.

According to the statement, the transaction will boost WSP's capabilities in Spain, creating a multidisciplinary business with a balanced portfolio in three core markets -- Transportation & Infrastructure, Power & Energy, Property and Buildings, with a presence in Earth and Environment. It will also increase WSP's local workforce by 70% and expand its Spanish presence with the addition of four new regions: Castilla y Leon, Galicia, Castilla-La Mancha, and Extremadura. With 600 employees, WSP will become one of the leading international engineering firms in the country.